Legal Definitions - subscribe

In a legal context, to subscribe generally means to formally commit oneself to something, often by signing a document, making a pledge, or agreeing to specific terms. It signifies an act of assent, authentication, or a promise to contribute or participate.

• Example 1: Formal Attestation to a Document

  When a witness provides a sworn statement in court, they are often asked to subscribe the affidavit. This means they must sign the document in the presence of an authorized official, such as a notary public, to formally attest to the truthfulness and accuracy of the information contained within it.

  Explanation: Here, "subscribe" refers to the act of signing a formal legal document to authenticate its contents and confirm one's endorsement or declaration under oath.

• Example 2: Committing to an Investment

  A new renewable energy company launched an initial public offering (IPO), inviting investors to subscribe to its shares. This allowed individuals and institutions to formally agree to purchase a specific number of shares at the offering price before they began trading on the stock market.

  Explanation: In this scenario, "subscribe" means to formally commit to buying a certain quantity of securities (like shares or bonds), thereby investing capital into a company or venture.

• Example 3: Pledging a Contribution

  During a fundraising campaign for a new community hospital wing, a prominent local business owner decided to subscribe a significant sum towards the construction costs. This involved a formal commitment to donate a specific amount over a set period.

  Explanation: This illustrates "subscribe" as the act of formally pledging a monetary contribution to a cause, charity, or project, creating an expectation of that financial support.